This energy market update delves into the significant fluctuations influenced by various geopolitical and supply factors. Today, the full shutdown of the Norwegian LNG refineries at Kollsnes and Troll has removed 158 million cubic meters per day (mcm/d) of gas from the market. This reduction...
The exponential growth trajectory of energy storage deployments continues to astound experts, with the momentum from 2023 showing no signs of slowing down in 2024. The latest insights from BloombergNEF underscore this ongoing trend, shedding light on China's predominant role in installations, driven by robust co-location...
Geopolitical tensions in the Middle East have driven fluctuations in the UK energy market, reflecting its response to global events. UK gas and power prices experienced fluctuations throughout the week, but towards the end of last week and the beginning of this week, volatility began to...
The energy market has become increasingly volatile, prompting energy experts to advise businesses to stay alert and consider greener energy options. Businesses have been urged to remain watchful and explore greener technologies as the energy market continues to experience turbulence. That’s according to commercial energy and sustainability consultancy...